Why Lumen Stock Skyrocketed Again Today
LUMNLumen(LUMN) The Motley Fool·2024-08-08 06:05

Lumen missed earnings expectations, but it actually had some great news for investors. Lumen Technologies (LUMN 32.60%) stock soared again in Wednesday's trading. The telecom's share price ended the daily session up 32.6%, according to data from S&P Global Market Intelligence. Shares had been up as much as 56.6% earlier in the day. Lumen reported mixed second-quarter results after the market closed yesterday, but the company issued some very encouraging guidance. In addition to the promising new forecast, t ...